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Businesses For Sale   >>   Ontario Businesses For Sale Categories   >>   

Motel Restaurant 6 Homes 15 Acre Hwy 11 Muskoka

Location  Ontario,Canada
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $100000
Net Profit / Cash Flow  $75000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1995
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Owned
Description  18 units motel, restaurant, 6 rental homes, 2 apts, 15 acres backing into Jevins lake in Muskoka. Excellent commercial investment opportunity on hwy 11 northbound, 2 km south of Gravenhurst. Recently renovated restaurant with 75 seats. A motel with 18 good quality units. 6 newer residential homes , 5 of them are currently rented. 2 apartments, large workshop, 4 garages. Separate hydro meters. Propane gas heating. 2 water wells never gone dry. Fully engineered septic system. Excellent highway exposure, high traffic area. Summer brings people from all over the world. MPAC assessment value for 2012 is $1.2 mln The owner may hold small 2nd mortgage. Property taxes are $13,000. Asking $1,299,000 REDUCED AGAIN Andrew Sobczak Broker of Record On Georgian Bay Real Estate Inc. Real Estate Brokerage RR2, PO Box 174, Victoria Harbour, ON L0K 2A0 Email or phone 705 543 1341
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